Jupiter (JUP) Braces for $10M Token Unlock on January 28 as Airdrop Snapshot Looms

Jupiter (JUP) is set to unlock 53.47 million tokens worth about $10.7 million on January 28, just two days before the final “Jupuary” airdrop snapshot. While the unlock adds short-term supply, its impact may be muted by strong incentives to hold and stake JUP ahead of the January 30 snapshot, alongside growing fundamentals from Coinbase integration, tokenized stock partnerships, and rising protocol fees.